PayPal: Difference between revisions
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Techgeek22 (talk | contribs) Added their introduction of a fee for inactivity. |
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https://www.youtube.com/watch?v=YPXhzgC2ODs | https://www.youtube.com/watch?v=YPXhzgC2ODs | ||
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|PayPal charges a fee for inactivity. Not sure when this was implimented. | |||
|2022 | |||
|If you don't log in or don't have transactions for a year you will be charged $20USD each year this is the case. Then when there are no more funds in the account they will close your account. If you have not logged in how can they assume you have seen the changed terms and tacitly agree to the changes and thus the fees. | |||
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| | |First report seem to be 3 yrs ago. <nowiki>https://www.quora.com/Why-does-PayPal-want-to-start-charging-Canadian-users-an-inactivity-fee</nowiki> | ||
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== Privacy == | ==Privacy== | ||
In 2018, the introduction of the DGPR in Europe forced PayPal to disclose a list of third party companies they share user data with. The sheer endless list includes over 600 different companies, from fraud prevention to analytics, tracking and advertising companies.<ref>https://www.paypal.com/ie/legalhub/paypal/third-parties-list</ref> | In 2018, the introduction of the DGPR in Europe forced PayPal to disclose a list of third party companies they share user data with. The sheer endless list includes over 600 different companies, from fraud prevention to analytics, tracking and advertising companies.<ref>https://www.paypal.com/ie/legalhub/paypal/third-parties-list</ref> | ||
== Alternatives == | ==Alternatives== | ||
Unfortunately, no truly privacy friendly digital payment systems are in wide-spread use at the time of writing. | Unfortunately, no truly privacy friendly digital payment systems are in wide-spread use at the time of writing. | ||